Nimbus Projects technical analysis

According to the latest Pivot data, Nimbus Projects’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹206.2, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹211.4, ₹214.2, and ₹219.4, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹203.4, ₹198.2, and ₹195.4, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Nimbus Projects’s price movement.